Economy
Unemployment rate edges down to 23 pct in October, lowest in 4.5 years
Greece’s seasonally adjusted (SA) unemployment rate eased for the second straight month to 23 percent in October from 23.1 percent in September, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
Greece’s M&A market stagnates during recession
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Mergers and acquisitions (M&As) are an important element to corporate growth but one that Greece appears to be lacking.
CPI stays flat in December, falls by 0.8 pct in 2016
Τhe Greek Consumer Price Index (CPI) remained stable in December following a drop of 0.9 percent in November, Hellenic Statistical Authority (ELSTAT) data displayed on Wednesday.
Early tourism estimates point to increased airline pre-bookings and lower cruise passengers in 2017
The demand for airline travel to Greece remains very strong for 2017, particularly from German-speaking countries, according to INSETE, the Institute of the Greek Tourism Confederation (SETE).
Car sales fall by 19.8 pct in Dec but rebound for fourth successive year in 2016
Road motor vehicles (going into circulation for the first time) fell considerably by 19.8 percent in December following a rise of 18.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
After holiday hiatus, Athens tries to get review moving again
With the date of the return of the institutions’ mission chiefs to Athens still unknown, Greek Finance Minister Euclid Tsakalotos is heading to Paris and Brussels this week to meet with his French counterpart Michel Sapin and European Economic Affairs Commissioner Pierre Moscovici.
Trade deficit rises by 1.2 pct in November
Greece’s trade deficit edged up by 1.2 percent in November, after a double-digit drop of 16.1 percent in October, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
Industrial production growth slows to 2.3 pct in Nov
Greece’s Industrial Production Index (IPI) rose by 2.3 percent in November after an upward revised increase of 7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Provisions of out-of-court workout bill outlined ahead of submission to Parliament
In an interview with Ethnos daily on Saturday, Economy and Development Minister Dimitris Papadimitriou outlined the key highlights of the draft law on the out-of-court workout that is due to be tabled in the Parliament by the end of January.
Economic sentiment and consumer confidence rebound by more than 2 pts in Dec
Greece’s economic sentiment (ESI) improved by 2.2 points to 94.6 in December after falling by 1.4 points in November, European Commission (EC) figures showed on Friday.